Real Estate
JLL: Bucharest Covers 76% of Industrial Stock Transactions in 2019
Companies in Romania rented industrial and logistics spaces totaling nearly 476,000 square meters in 2019, comparable to 2018, and 76% (360,000 sqm) of the spaces traded were in Bucharest, a...
Old Three-Room Apartment Prices in Bucharest up 5.3% in 2019
The average prices of the three-room apartment in Bucharest built in the ‘80s rose by 5.3% in 2019, according to real estate consultant SVN Romania.
JLL Expands Office Department Team; Alexandru Orzea Joins As Consultant
Real estate consulting firm JLL is expanding its office department team and bringing Alexandru Orzea as consultant.
Developer One United Properties Relocates HQ to North Gate Offices in Bucharest
Romanian real estate developer One United Properties, owned by Andrei Diaconescu and Victor Capitanu, will occupy over 15% of the office space in the North Gate office project in Bucharest.
INS: Romania Housing Permits Fall 1.5% YoY In Jan-Nov 2019
Romania issued 39,359 housing construction permits in January- November 2019, 1.5% fewer than in the same period last year, the statistics institute INS said Tuesday.
Almost 300,000 Sqm of Office Space Delivered in Bucharest in 2019
Bucharest ended 2019 with 3.2 million square meters of office space stock, 296,000 square meters more of lettable area than the year before, data from real estate consultant CBRE show.
Cordia Residence Buys 21,000 Sqm Land in Bucharest
Cordia Residence, part of Hungarian group Futureal, has acquired a plot of 21,000 square meters in the Grivita Lake area in Bucharest, its third acquisition in Bucharest this year.
Kaufland Buys Land in Constanta for EUR3.19M
Real estate developer Impact Developer & Contractor (IMP.RO) has sold land totaling 16,806 square meters in the city of Constanta to retailer Kaufland for EUR3.19 million, the developer said...
C&W: Realty Developers Buy EUR170M Land In Bucharest In 2019 For Residential, Office And Mixed-Use Projects
Large real estate developers have remained active in capital Bucharest throughout 2019 and bought plots of land needed for projects comprising over 6,000 housing units and 130,000 square met...